Evaluating CSR Policies and Their Impact on Business Practices

BUSINESS LAW AND ETHICS

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Introduction

The current study analyzes in detail the CSR policies adopted by different companies and whether these companies take the CSR policies seriously. Properly evaluating the articles “Asset Managers to clean greenwashing”, “Volkswagen’s faulty CSR practices” and “The real truth of CSR”, it has been made clearly evident that the companies do not take these CSR policies seriously at all. They mainly pay “lip services” since they comply superficially only to show that they abide by such policies. It is done to view the CSR policies which form one of the core elements in modern business and are unutilized in the real world.

Backdrop of CSR

“Corporate Social Responsibility” or CSR refers to the policies through which businesses display their commitment to behave ethically by addressing the three important Ps. These Ps include “people, planet, and…